Inflation rate eases by 1.27pc

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KARACHI – Inflation in the country has eased by 1.27 percent during last month. According to sources, the consumer price index (CPI), a benchmark for inflation has stood at 14.19 percent during January 2011.
The CPI was recorded at 15.46 percent during the preceding month, December of the current fiscal year. It showed a decrease of 1.27 percent in the inflation rate, Khurram Shehzad, an analyst from InvestCap Research opined.